Senior custody salesman jumps ship

The head of sales and relationship management at ANZ Custodian Services, Angelo Calvitto, has moved to another custodian.

Calvitto will become senior sales and relationship manager at Northern Trust, reporting to head of the global custodian’s Australian office, Paul Cutts. Calvitto should already be well known to Northern Trust’s major southern hemisphere clients – the Future Fund and NZ Super – because ANZ is currently Northern’s sub-custodian in Australia.

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The twin forces rewriting the rules of investing

Portfolios built for the old world will be severely tested as emerging forces rewrite the rules of investing. The Top1000Funds.com Fiduciary Investors Symposium heard that geopolitical and macroeconomic upheaval, together with the disruption wrought by AI, should force asset owners to rethink the structure and composition of portfolios.

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